In this world of chronic economic turmoil, those who stay on top of their investment portfolios and strategies tend to do the best. While long-term investments may be safe in a 401k portfolio, many people have decided to take control of their finances in order to ensure no huge losses are accrued. In the past, it was much more difficult to act quickly in order to prevent a loss, but today’s technology has allowed investors to make quick decisions with accurate information at their disposal. In the following article, we will detail four investment applications that can help users achieve the most from their financial strategies.
Anyone who has multiple investment accounts will love SigFig, an application available on the Android Marketplace that can sync all accounts to one easy-to-use interface. Users can track stocks, bonds, 401ks and any other form of investment through the SigFig interface once it has been authorized, which allows users to make quick decisions regarding their finances. A variety of colorful charts can be displayed to show the current performance of key investments, while investment advice is also provided separately. The SigFig platform functions with more than sixty different investment firms and is a free download via the Android Marketplace.
USA Today Portfolio Tracker
The USA Today Portfolio Tracker is a detailed app – powered by SigFig, mentioned above – that can be used to keep tabs on basic investment performance and management. Much like SigFig, the USA Today Portfolio Tracker can be synced with more than sixty different investment account platforms in order to deliver its users up-to-date information on all of their accounts. Separate functions for stock evaluation, news and videos are also available. Currently available on iOS and Android devices, this app is completely free and can be found through their respective app markets.
Personal Capital Banking
Anyone who seeks comprehensive details about market performance and total access to all investment accounts will fall in love with Personal Capital Banking, currently available for free via the iTunes App Store. Users will have access to all major investment accounts, detailed market data on stocks, bonds and mutual funds and intuitive functions that allow for the tracking of portfolio performance over the short and long-term. Funds can easily be transferred between two accounts and all transactions can be monitored in order to prevent fraud. Personal Capital Banking also offers objective financial advice via email, phone and FaceTime for iOS users.
Designed to offer advice and investment strategies to its users, Motif Explorer is an excellent app that can be found on both the Android Marketplace and the iTunes App Store. Users will be able to view a series of customized portfolios in order to be strategic with their investments: for just $10 each, users can purchase a portfolio template that matches their interests. Each “motif” includes information on its past performance, volatility and charts to help you assess the bigger picture of each option. This application is free to download and can be a powerful tool in the hands of the savvy investor.
Phil Taylor, the author of this guest post, is a part time blogger and a financial expert. He works as a financial consultant at Instant Life Insurance, a leading provider of life insurance. He likes to read books and watch movies in his spare time.